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 "Liquid" Bank roll using online escrow accounts.
I hope this makes sense to you guys. It's not always easy for me to explain these things. Also please excuse the run on sentences, I'm a tech not a writer.
This is the way I manage to play more than one poker site without having enough of a bankroll for 2-3 individual sites. (I do have a proper bankroll but like to play different sites for various reasons.)
For those of you who don't have easy access to funds and hate paying fees on deposits. It also works for those whose credit cards not accepted or do not have credit cards but want to play multiple sites for bonus offers and things.
The Basic idea is to use online escrow accounts to hold your bankroll instead of individual poker sites. It allows you to move between sites taking advantages of bonus offers, softer games and cash out easier. Neteller and Firepay are ways to deposit/withdraw, I use neteller, so that's the one I'm going to talk about. Most important its all FREE, no fees on tranfers.
Two things required
Checking account
Neteller account
Checking Account
I went to another bank and opened a separate checking account for this. I wanted to keep my poker money separate from my real money. Also it was to protect myself from going on tilt and blowing the mortgage and for security reasons; if it gets hacked I lose my poker money not my house payment.
Most banks will give you FREE checking if you keep "$X " in your so you don't have to pay for it.
Neteller account
Sign up with Neteller, but make sure you USE THE SAME EMAIL ADDRESS AS ON THE POKER SITES.
Register your bank account with neteller (hence the reason for the second checking account). This part takes about a week or so to verify. Once you have this done your set.
Depositing
You can either use neteller to withdraw directly from your checking account and pay a fee takes a few days. The other option is to transfer out of your poker accounts for FREE and is usually done in 24-48 hours.
Withdraw
Getting money from Neteller to your checking is easy and the tranfer to your bank takes 2-3 days, but IT'S FREE!
Moving Money around
Deposits from Neteller to Party skins and poker stars are instant allowing immediate access to your bankroll.
Example
On poker stars, I keep 5-10 table/tourney buyins. Every day or two I withdraw any big winnings, or If I'm having a bad run I'll deposit more money, neteller deposits are instant. I do the withdraws often because its free to do so and keeps my bankroll in readily available.
Reasons
suddenly decide you want to buy a new TV with my poker winnings? Simply click withdraw in neteller and 2 days later I have my funds in my checking account and can write a check for it.
Empire have a huge reload bonus? No need to wait 2 days because the funds are readily available in your neteller account.
I hope this helps someone else out there and gives you new ideas.
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